Dynatrace Inc reports results for the quarter ended in September 30 - Earnings Summary

Dynatrace,

07/11/2024 14:42

* Dynatrace Inc  DT.N  reported quarterly adjusted earnings
of 37
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 31 cents.  The mean expectation of twenty nine analysts for
the quarter was for earnings of 32 cents per share. Wall Street
expected results to range from 32 cents to 33 cents per share.
    * Revenue fell 94.8% to $18.32 million from a year ago;
analysts
expected $406.15 million. 
    * Dynatrace Inc's reported EPS for the quarter was 15
cents​.
    * The company reported quarterly net income of $44.01
million.
    * Dynatrace Inc shares had risen by 5.6% this quarter and
gained 3.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 27 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Dynatrace Inc is
60.00 
This summary was machine generated from LSEG data November 7 at
02:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.32           0.37           Beat
 Jun. 30 2024      0.29           0.33           Beat
 Jan. 1 0001       0.27           0.30           Beat
 Dec. 31 2023      0.28           0.32           Beat